Scholastic (NASDAQ:SCHL) Releases Earnings Results, Misses Expectations By $0.48 EPS

Scholastic (NASDAQ:SCHL) posted its quarterly earnings results on Thursday. The company reported $1.82 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.48), Zacks reports. Scholastic had a return on equity of 4.32% and a net margin of 1.49%. Scholastic updated its FY 2025 guidance to EPS.

Scholastic Stock Up 0.8 %

NASDAQ:SCHL opened at $24.84 on Friday. The stock’s fifty day moving average is $25.75 and its two-hundred day moving average is $29.94. Scholastic has a 52 week low of $23.69 and a 52 week high of $40.74. The company has a quick ratio of 0.64, a current ratio of 1.14 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $698.92 million, a price-to-earnings ratio of 44.36 and a beta of 1.07.

Scholastic Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, January 31st will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend is Friday, January 31st. Scholastic’s dividend payout ratio is presently 142.86%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Scholastic from a “buy” rating to a “hold” rating in a research report on Saturday, October 5th.

Scholastic Company Profile

Scholastic Corporation publishes and distributes children’s books worldwide. It operates in three segments: Children’s Book Publishing and Distribution, Education Solutions, and International. The Children’s Book Publishing and Distribution segment engages in publication and distribution of children’s print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.